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Indian equities close flat, banking stocks slip

Indian equities close flat, banking stocks slip
Mumbai, June 20 (IANS) The Indian equity markets on Tuesday trimmed gains to provisionally close on a flat-to-negative note as investors booked profits and banking and FMCG stocks witnessed selling pressure.

However, positive European markets and healthy buying in consumer durables, IT and oil and gas stocks limited the downside.

The wider Nifty of the National Stock Exchange (NSE) inched lower by 4.05 points, or 0.04 per cent, to provisionally close (at 3.30 p.m.) at 9,653.50 points.

 

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,392.53 points, closed at 31,297.53 points -- down 14.04 points, or 0.04 per cent, from its previous close at 31,311.57 points.

The Sensex touched a high of 31,392.53 and a low of 31,261.49 points during intra-day trade.

The BSE market breadth was bearish -- with 1,430 declines and 1,230 advances.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Indian equities close flat, banking stocks slip

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.